Gas sector restructuring in Pakistan: deregulation plan reviewed
The proposed gas sector restructuring in Pakistan aims to ease circular debt and gas losses, and it will next be presented to the Prime Minister.
Finance Minister Muhammad Aurangzeb chaired a high-level meeting on Monday to review a proposed restructuring and deregulation roadmap for the gas sector.
The reforms focus on financial sustainability, operational efficiency, consumer welfare and greater private-sector participation.
Problems discussed include circular debt, cross-subsidies, unaccounted-for-gas losses and supply-demand imbalances.
The framework is still a proposal and will be presented to the Prime Minister, followed by technical work and stakeholder consultations.